54
54
Dec 6, 2012
12/12
by
MSNBC
tv
eye 54
favorite 0
quote 0
republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be talking that way. we should be talking about all americans and economic opportunity for all americans and trying to achieve that. that's the important thing. >> governor sununu of course has made controversial comments before. let me play for you what he said about president obama after the first presidential debate back in october. >> what people saw last night i think was a president that revealed his incompetence, how lazy and detached he is and how he has absolutely no idea how serious the economic problems of the country are. >> john sununu also suggested race was a motivating factor for colin powell to support president obama for president. is there really much of a constituency out there for that, kiki? >> i don't think there is. i think this is one of the problems that the national party is experiencing. there have been other leaders in the party who frankly promote these ignorant points of view. and engage in demeaning and frankly conversatio
republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be talking that way. we should be talking about all americans and economic opportunity for all americans and trying to achieve that. that's the important thing. >> governor sununu of course has made controversial comments before. let me play for you what he said about president obama after the first presidential debate back in october. >> what people saw last...
325
325
Dec 5, 2012
12/12
by
CNNW
tv
eye 325
favorite 0
quote 0
mitt romney dug his own hole, and he is now laying in his own grave. i think, you know, for president bush it was important, and i haven't spoken to him, but i just, you know, knowing the bushes, they don't get into the fray of other people's politics, and they defer to that nominee. they defer to that candidate when it is his turn to be the candidate, but i think this issue is just important to them. it's been important to them their entire life. he has had, you know, great relationships with hispanics across texas and also across the nation. it is true, as i said to you, for the entire bush family. it's something they've always embraced diversity and seen the positive in immigration and in diversity and having different people contribute to the fabric of america. >> he has always talked about his relationships with people who he worked with and worked side-by-side -- >> listen, god knows he has put a lot of effort into his spanish. >> he tries. he does try, yeah. that's absolutely true. last question here. do you think -- okay. he comes out and says,
mitt romney dug his own hole, and he is now laying in his own grave. i think, you know, for president bush it was important, and i haven't spoken to him, but i just, you know, knowing the bushes, they don't get into the fray of other people's politics, and they defer to that nominee. they defer to that candidate when it is his turn to be the candidate, but i think this issue is just important to them. it's been important to them their entire life. he has had, you know, great relationships with...
171
171
Dec 7, 2012
12/12
by
CURRENT
tv
eye 171
favorite 0
quote 0
>> it is. >> certainly not romney. >> it's not romney. i don't know request why he thinks romney is in the background. >> he is in la joya at costco. >> we reported rob nabors, the chief's white house lobbyist on capitol hill in a private meeting with leadership staff said we are not moving on the debt seal, not moving on tax rates and entitlement savings. you have to do something. the "new york times" reported this morning that boehner and obama -- boehner has requested private negotiations with obama. i don't know what -- i am not sure why that's important at the that you can on the phone privately. they are looking for a way out they have signaled some private openness if they could kick it up to 37% instead of 39% if they get some entitlement savings they could sell. >> the president would get 39-6 for the upper income folks with doing nothing and no entitlement cuts by doing nothing? >> right. >> it would be a deal. you would guess the president would want some sort of package and wouldn't want to go over the cliff. it would be polit
>> it is. >> certainly not romney. >> it's not romney. i don't know request why he thinks romney is in the background. >> he is in la joya at costco. >> we reported rob nabors, the chief's white house lobbyist on capitol hill in a private meeting with leadership staff said we are not moving on the debt seal, not moving on tax rates and entitlement savings. you have to do something. the "new york times" reported this morning that boehner and obama --...
172
172
tv
eye 172
favorite 0
quote 0
when governor romney said that, pointed that out to president obama in the debate, he was -- we had horses and bayonets, too. he seemed to make light of that. how important is it? can you give us a sense of the impact? >> i think the president's comment is showing his inexperience in military matters. in this particular case we are going down to 220 ships. to put that number in perspective, i had 2505 ships under my command in the pacific fleet's. 20 percent of those 220 ships will be the literal combat ships which basically have no offensive or defensive capability. we are going to be challenged where we show weakness. and let me give you an example. just today china announced effective january 1 they have authorized their paramilitary naval forces and their police to stop all vessels in the south china sea that they consider to be there illegally if they have not requested permission. this must be rejected in the most strongest terms. this hits at the core capability of international maritime law, freedom of transit, freedom of navigation rights. lou: we have not heard from the state dep
when governor romney said that, pointed that out to president obama in the debate, he was -- we had horses and bayonets, too. he seemed to make light of that. how important is it? can you give us a sense of the impact? >> i think the president's comment is showing his inexperience in military matters. in this particular case we are going down to 220 ships. to put that number in perspective, i had 2505 ships under my command in the pacific fleet's. 20 percent of those 220 ships will be the...
190
190
Nov 30, 2012
11/12
by
FBC
tv
eye 190
favorite 0
quote 0
they had some hope that things were going to turn around if romney was elected because he was speaking i me with them but today they got the boot. >> coal stocks up dramatically today. walter energy refuse to comment on the entrance in them keeping the sector on fire. the et of jumping, names like james river and natural resources all above 3% or 1%. liz: costco hitting an all-time high, this is accompanied always gets props for great management but when you see a stock do that well, certainly the carry on top. >> since yesterday the vice president being there in washington d.c. and talking about how companies manage very well, their workers stay for a peers in anyway and stock heir hitting all-time high of $104.50 today. dave: let's look at the tech stocks, how they are rounding the end of this trading day, we have apple and zynga down, but facebook always likes to buck a trend. always -- it is of another 2% today. >> facebook has had a really nice run in the month of november. all that negative commentary disappearing. for the nasdaq, it had a great week up 1.5%
they had some hope that things were going to turn around if romney was elected because he was speaking i me with them but today they got the boot. >> coal stocks up dramatically today. walter energy refuse to comment on the entrance in them keeping the sector on fire. the et of jumping, names like james river and natural resources all above 3% or 1%. liz: costco hitting an all-time high, this is accompanied always gets props for great management but when you see a stock do that well,...
106
106
Dec 6, 2012
12/12
by
CSPAN
tv
eye 106
favorite 0
quote 0
caller: i held my nose and voted for romney. if youonservative, but ask me if i believe in abortion, i do not think it is anyone's business but the woman and her god. i think republicans are run around too much by the religious right. i think where people could -- should become independence. -- independents. you have got to think common sense in this day and time. you're not -- you cannot keep holding on to your democrat or republican party. host: that is dana in oceanside, california. san antonio, texas, a democrat. caller: i was calling about the income tax. not just getting free money, having babies. host: our next call is anjou in marlborough, massachusetts. line 4 independents. -- in robert, massachusetts. line for independents. caller: it is an american problem, and all americans need to step up and help to fix it. for me, i'm willing to pay more taxes if you show me that you're doing the right thing. maybe somehow tie it to a balanced budget amendment. all we hear is talking about increasing taxes or reducing withholdings
caller: i held my nose and voted for romney. if youonservative, but ask me if i believe in abortion, i do not think it is anyone's business but the woman and her god. i think republicans are run around too much by the religious right. i think where people could -- should become independence. -- independents. you have got to think common sense in this day and time. you're not -- you cannot keep holding on to your democrat or republican party. host: that is dana in oceanside, california. san...
1,012
1.0K
Nov 30, 2012
11/12
by
KNTV
tv
eye 1,012
favorite 0
quote 0
ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men ate and boxing gloves. aides joked there were no punches thrown describing the encounter as friendly. >> i am happy to see this picture, it is good for the american people. >> reporter: a very different tone on capitol hill as fiscal cliff negotiations remain rocky. the president sent his top negotiator, treasury secretary tim geithner to meet with congressional leaders. afterward, house speaker john boehner said the white house had not proposed spending cuts needed to win critical republican votes. >> i have to tell you, i'm disappointed in where we are, i am disappointed in what's happened in the last couple weeks. >> reporter: senate majority leader harry reid fired back saying democrats
ideas. >> reporter: romney arrived shortly after noon thursday. white house officials revealed few details about the lunch, saying only they ate white turkey chili, and the meeting lasted more than an hour, with governor romney congratulating the president on re-election. in the sole picture released by the white house, you can see the dining room where the men ate and boxing gloves. aides joked there were no punches thrown describing the encounter as friendly. >> i am happy to see...
23
23
tv
eye 23
favorite 0
quote 0
every single hour of every single day it was about mitt romney's taxes a lot of people were saying you know what i don't care how much money he makes and that's irrelevant what do you think are the most important points that the american people should be thinking about and that the american media should be talking about when it comes to whoever the next secretary of state is well i mean there's definitely some basic questions of someone's you know intellect their capacity i think she definitely meets those marks you know she's obviously a very talented person she's a very complex person there's been areas where she's been right about like the invasion of iraq she was opposed to it from the beginning and then you know the other questions that are really central that i want to see her pressed on are wanda her whole policy towards africa that's really where she launched her career from as an africa specialist and i would say with regards to the holdings and trans canada and other energy companies she needs to let go of them if she wants to be a credible candidate i think that that's a tot
every single hour of every single day it was about mitt romney's taxes a lot of people were saying you know what i don't care how much money he makes and that's irrelevant what do you think are the most important points that the american people should be thinking about and that the american media should be talking about when it comes to whoever the next secretary of state is well i mean there's definitely some basic questions of someone's you know intellect their capacity i think she definitely...
21
21
tv
eye 21
favorite 0
quote 0
here is mitt romney trying to figure out the main thing that the americans call adult. i'm sorry i missed the here's an awful lot of interests you sir are a fool you know what kind of mind their terrorist cells in your neighborhood all want to give us a to feature isn't the only liberal and the christian public you. can see your beliefs about it. it's clear the superheated distracts us from what you and i should care about because they're profit driven industry that sells a sensational garbage he calls it breaking news. and we're going to break that. please.
here is mitt romney trying to figure out the main thing that the americans call adult. i'm sorry i missed the here's an awful lot of interests you sir are a fool you know what kind of mind their terrorist cells in your neighborhood all want to give us a to feature isn't the only liberal and the christian public you. can see your beliefs about it. it's clear the superheated distracts us from what you and i should care about because they're profit driven industry that sells a sensational garbage...
164
164
Nov 30, 2012
11/12
by
CSPAN
tv
eye 164
favorite 0
quote 0
even mitt romney denied that one as the campaign went on. if republicans insist on spending cuts the on news is on them to come forward with some ideas t. president's budget continues over $300 billion in health savings. if they don't like that they should make a counter offer. we know that won't happen. we are waiting for some specific somewhere from our republican colleagues to show that they are serious on negotiations. >> three weeks ago the american people went to the polling places and they sent a message. democrats from president obama to our senate candidates on down built their campaigns around the idea that budgets have to work for our middle class and that the wealthy need to pay their fair share. republicans were clear too their to protect the wealthny and it was rejected. the american people voted for the candidates who committed to fighting for the middle class and in exit polls they agree that the wealthy have to participate and pay their fair share. here we are at the end of the year and it's encouraging to hear some of the r
even mitt romney denied that one as the campaign went on. if republicans insist on spending cuts the on news is on them to come forward with some ideas t. president's budget continues over $300 billion in health savings. if they don't like that they should make a counter offer. we know that won't happen. we are waiting for some specific somewhere from our republican colleagues to show that they are serious on negotiations. >> three weeks ago the american people went to the polling places...
50
50
Dec 4, 2012
12/12
by
CNBC
tv
eye 50
favorite 0
quote 0
and at this point republicans have done the same thing mitt romney was doing. $800 billion in new revenues from unspecified chose urs. the time for that is past. i'm glad they're coming with a counteroffer. they have to put specifics on the table. >> tony, under any circumstances, as you sit here right now, are republicans going to agree to let tax rates increa increase? >> look, i find that almost impossible for republicans to do, at least before december 31. i think everyone understands that it is the single thing that the president wants more than anything else. you can sack rifice just about anything to get the top two rates. so i don't see republicans getting on that issue. i think what you are seeing, and i do give credit to speaker boehner for rising above, bring in the proposal yesterday and getting the full republican leadership onboard, talking about specific numbers and maybe see the beginnings of the con turp of an eventual agreement. but it's just not going to cut -- i don't see how it comes before december 31st and it's going to have to happen. not going to take an active vot
and at this point republicans have done the same thing mitt romney was doing. $800 billion in new revenues from unspecified chose urs. the time for that is past. i'm glad they're coming with a counteroffer. they have to put specifics on the table. >> tony, under any circumstances, as you sit here right now, are republicans going to agree to let tax rates increa increase? >> look, i find that almost impossible for republicans to do, at least before december 31. i think everyone...
116
116
Dec 3, 2012
12/12
by
MSNBCW
tv
eye 116
favorite 0
quote 0
cuts that were actually enacted as part of medicare, we had a presidential campaign, and here was mitt romney's ad, targeting the president. this is what he did. >> you paid into medicare for years. every paycheck. now when you need it, obama has cut $716 billion from medicare. >> now, those were not benefit cuts. those were provider payments. so if you're the president, why specify what cuts you're going to make in medicare if that's the treatment that republicans will give you? >> well, until we get to entitlements, we're really not having a serious discussion. david, all of us know what the options are. they are not going to get more narrow as -- i mean, they are going to get more narrow as time goes on and more draconian. what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifie
cuts that were actually enacted as part of medicare, we had a presidential campaign, and here was mitt romney's ad, targeting the president. this is what he did. >> you paid into medicare for years. every paycheck. now when you need it, obama has cut $716 billion from medicare. >> now, those were not benefit cuts. those were provider payments. so if you're the president, why specify what cuts you're going to make in medicare if that's the treatment that republicans will give you?...
168
168
Dec 3, 2012
12/12
by
CNBC
tv
eye 168
favorite 0
quote 0
. >>> mitt romney has a new job a month after he lost his bid for president. he is rejoined the board of marriott international. >>> next up -- two big union battles are playing out. one has america's busiest port at a standstill. the other has fast food workers demanding a union and maybe even double the pay they're currently making. maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> a strike bringing am
. >>> mitt romney has a new job a month after he lost his bid for president. he is rejoined the board of marriott international. >>> next up -- two big union battles are playing out. one has america's busiest port at a standstill. the other has fast food workers demanding a union and maybe even double the pay they're currently making. maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in...
120
120
Nov 30, 2012
11/12
by
FBC
tv
eye 120
favorite 0
quote 0
have an agreement among all parties, congressional republicans as well as barack obama and if mitt romney had become president the same thing, and the last-- absolutely. stuart: we're going to unleash borrowing? >> i think what we need-- >> take off that ceiling and allow the the president to spend what he wants and therefore, borrow. >> let's talk about your friend reagan, i think 18 times he raised the debt ceiling, so, nobody held him hostage the full faith and credit. stuart: if we do that now, no limit, there's no debt ceiling at all, and president obama could just, just borrow it. no one from congress, but borrow it, what happens. >> would i love to see some responsibility on behalf of congressional leaders. stuart: you don't think we'd get a debt crisis. >> been threatening bond vigilantes and things in the past five years, i haven't seen it yet. stuart: unfortunately we're out of time, but i love that smile. >> thank you, i love being on with you, despite the fact, talking-- the highlight of my day knowing i was going to be with you. stuart: and i do not believe you. >> it's 100%
have an agreement among all parties, congressional republicans as well as barack obama and if mitt romney had become president the same thing, and the last-- absolutely. stuart: we're going to unleash borrowing? >> i think what we need-- >> take off that ceiling and allow the the president to spend what he wants and therefore, borrow. >> let's talk about your friend reagan, i think 18 times he raised the debt ceiling, so, nobody held him hostage the full faith and credit....
128
128
Dec 3, 2012
12/12
by
MSNBCW
tv
eye 128
favorite 0
quote 0
mitt romney licking his wounds over an election loss he thought would never happen. hats next for him and why he's not interested in hoping to remake the republican party. plus a bittersweet victory for the kansas city chiefs as the team and its fans try to come to grips with the senseless tragedy, what drove jovan belcher to kill his girlfriend and then himself. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. an
mitt romney licking his wounds over an election loss he thought would never happen. hats next for him and why he's not interested in hoping to remake the republican party. plus a bittersweet victory for the kansas city chiefs as the team and its fans try to come to grips with the senseless tragedy, what drove jovan belcher to kill his girlfriend and then himself. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze...
352
352
Dec 3, 2012
12/12
by
CNNW
tv
eye 352
favorite 0
quote 0
. >>> and this just in, we're hearing what mitt romney will be doing in the future. we'll tell you about his new gig. >>> plus, more on our breaking news from capitol hill now getting that counteroffer from republicans to the white house, their initial starting point plan when it comes to the fiscal cliff. le announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15, seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently! and introducing 7 lunch choices for just $7.99. salad, sandwiches, and more. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> quick update for you on forme
. >>> and this just in, we're hearing what mitt romney will be doing in the future. we'll tell you about his new gig. >>> plus, more on our breaking news from capitol hill now getting that counteroffer from republicans to the white house, their initial starting point plan when it comes to the fiscal cliff. le announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our...
228
228
Nov 30, 2012
11/12
by
MSNBCW
tv
eye 228
favorite 0
quote 0
hey, romney, what's up, man? hey, isn't it funny? you almost lived here. this was almost your place. just 3 million votes, you know what i mean? oh, you worked so hard for seven years and you were just about to go in and then you said sorry [ bleep ]. >> joining us now from boston, the moderator of "meet the press," david gregory. as we take a live look at the white house. >> did you see this? >> oh. >> david gregory, the guy that found you out in the streets in l.a. playing stickball and took you in and said kid, you can be a star one day, jeff zucker, right here. hired at cnn. that's exciting for jeff, isn't it? >> it is. it's cool. >> absolutely. absolutely. he'll do good things. >> that's all he has to say. that's all he's got to say. >> i think we're all thrilled for jeff. >> okay. that's all he's got to say. >> wow! >> he's a company man. he's a company man. >> all right. >> no, you know, he doesn't want to upset phil. you know, buddy, you can't talk about, you can't say. >> phil gets upset. >> he gets upset. >> he gets really hurt. he gets emotional
hey, romney, what's up, man? hey, isn't it funny? you almost lived here. this was almost your place. just 3 million votes, you know what i mean? oh, you worked so hard for seven years and you were just about to go in and then you said sorry [ bleep ]. >> joining us now from boston, the moderator of "meet the press," david gregory. as we take a live look at the white house. >> did you see this? >> oh. >> david gregory, the guy that found you out in the streets...
97
97
Nov 29, 2012
11/12
by
CSPAN
tv
eye 97
favorite 0
quote 0
years, pre-tea party. >> let's stipulate romney was a bad candidate. how would you get a better one? >> there are 30 republican governors. 24 of them have republican legislatures which is what romney didn't have. he had 83% democratic legislature. he was a goalie. they just shot goals on him for four years and some of them went through and some of them didn't and he was a very good goalie but you can't turn around and announce, look at all the things i did in massachusetts and the democrats attacked him saying the massachusetts economy was bad. yeah, it was. high taxes and all these other things that he couldn't fix without legislature. i'm from massachusetts prior to emigrating to the united states. and -- [laughter] it's tough, it's tough to be governor there and show people what you've accomplished. now, if he'd been governor of one of those 24 states with a republican legislature, i mean, the governor of texas has been doing amazing things on tort reform, they're looking at school choice, half the kids in louisiana -- >> so you think rick perry's y
years, pre-tea party. >> let's stipulate romney was a bad candidate. how would you get a better one? >> there are 30 republican governors. 24 of them have republican legislatures which is what romney didn't have. he had 83% democratic legislature. he was a goalie. they just shot goals on him for four years and some of them went through and some of them didn't and he was a very good goalie but you can't turn around and announce, look at all the things i did in massachusetts and the...
325
325
Dec 3, 2012
12/12
by
CNNW
tv
eye 325
favorite 0
quote 0
also former director of hispanic outreach for the romney campaign. nice to see you, sir. thank you for talking with us. >> pleasure, soledad. >> this morning i was talking to senator blumenthal. he was sort of saying i'm optimistic, i'm hopeful. where do you see that? i don't know that i see optimism. >> no. i agree with you. i'm very disapoented. you know, the big picture is more than just the fiscal cliff. and a lot bigger than do we raise taxes on people who are there to make more than $250,000 a year. this is about the debt. it's about the fiscal deficit. it's about our economy. it's about our future. it's about our children. and president obama is playing a very risky game. because in the end, this is his presidency. and you're going to look back and have a bar chart of deficits and debt. and there's not going to be an asterisk that says it was the republicans' fault. i think we've got to stop playing poker, work together and understand we're working to save the country. >> that might be the long game. the asterisk in history books later. right? the short gain is rai
also former director of hispanic outreach for the romney campaign. nice to see you, sir. thank you for talking with us. >> pleasure, soledad. >> this morning i was talking to senator blumenthal. he was sort of saying i'm optimistic, i'm hopeful. where do you see that? i don't know that i see optimism. >> no. i agree with you. i'm very disapoented. you know, the big picture is more than just the fiscal cliff. and a lot bigger than do we raise taxes on people who are there to...
215
215
Dec 7, 2012
12/12
by
KQED
tv
eye 215
favorite 0
quote 0
obama won the battleground state of virginia 51% to 48% over mitt romney. his victory was helped by taking 56% of the vote in the states southeast tidewater region that is home to norfolk. here, where streets like this are frequently under water, some people are hoping the election means political debate about climate change may be over. >> in the last month, this neighborhood has flooded three times. >> reporter: skip stiles heads wetlands watch, a local environmental group that works throughout the state. he took us to another vulnerable area downtown. >> this is an old apartment building. it has been here since 1904. so the abstract notion that we have had a foot of sea level rise in last 100 years. you can mark it against this building. we had a nor'easter in 2006 that came about here, about where sandy came. if you think about it 100 years ago that would be a foot and a half down, it wouldn't even have touched this building. problem is 100 years going forward, if you go up three feet, in 100 years this middle of the road nor'easter is suddenly as high
obama won the battleground state of virginia 51% to 48% over mitt romney. his victory was helped by taking 56% of the vote in the states southeast tidewater region that is home to norfolk. here, where streets like this are frequently under water, some people are hoping the election means political debate about climate change may be over. >> in the last month, this neighborhood has flooded three times. >> reporter: skip stiles heads wetlands watch, a local environmental group that...
126
126
Dec 5, 2012
12/12
by
CSPAN
tv
eye 126
favorite 0
quote 0
that came up with mitt romney. his effective tax rate was so low. he was payingthe capital gains tax instead of income tax so was effective tax rate was 13% or 14%. the stepped-up basis is an important point as well. you pay taxes on capital gains tax, it is based on the value of the estate when you inherited it. host: the estate tax or the capital gains tax? guest: the estate tax. asset, you payn capital gains. guest: right. host: we have this comment on twitter from james. guest: corporations would say the businesses are already being taxed. folk should not be taxed for investing in their business. host: double taxation. guest: that is the argument. when people die, they are being taxed again. that is the essence of the argument against the estate tax. host: can you start over? caller: a quick question about the comments of the 401(k). i used to work for a cpa firm. i understand they are income tax deferred instruments. when you take it out, the tax you pay is income tax. the assumption is the rate would be lower. let's say the rate is 25% when yo
that came up with mitt romney. his effective tax rate was so low. he was payingthe capital gains tax instead of income tax so was effective tax rate was 13% or 14%. the stepped-up basis is an important point as well. you pay taxes on capital gains tax, it is based on the value of the estate when you inherited it. host: the estate tax or the capital gains tax? guest: the estate tax. asset, you payn capital gains. guest: right. host: we have this comment on twitter from james. guest: corporations...
87
87
Dec 4, 2012
12/12
by
CSPAN
tv
eye 87
favorite 0
quote 0
if you want to get them -- and that's why romney paid 14% on earnings of about $14 million. if you are trying to get to the top 1%, margin ral tax increases doesn't serve your purpose there. whatever happens now, whatever teal gets through this initial period, next year we have to look forward to a fundamental tax reform that will boost growth and competitiveness and can't leave the debate -- we have to have a more comprehensive change and i understand from bill and others that you get your bigger efficiency gains by getting rid of the loopholes on the tax code on both the personal side and corporate side. i hope we get back to that, simpson-bowles had the right target on how much revenue they would raise. but the principle of 1986 ought to be a lodestar, lowest possible rates on the broadest possible base. that's next year. that's a comprehensive tax principle. . . >> let me turn to bill gail, if i could, to talk about getting rid of options and what options will get the revenue for the government. >> in terms of getting rid of deductions or expanding the base, there's basi
if you want to get them -- and that's why romney paid 14% on earnings of about $14 million. if you are trying to get to the top 1%, margin ral tax increases doesn't serve your purpose there. whatever happens now, whatever teal gets through this initial period, next year we have to look forward to a fundamental tax reform that will boost growth and competitiveness and can't leave the debate -- we have to have a more comprehensive change and i understand from bill and others that you get your...
211
211
Nov 30, 2012
11/12
by
CNBC
tv
eye 211
favorite 0
quote 0
everybody has their chair except mitt romney. plus you have a forcing mechani mechanism, the fiscal cliff. congress needs forcing mechanisms to act. plus, both with the president and speaker they have a reason to reach ain't agreement. political reason. the speaker it is because he knows republicans will take the hit if we go over the cliff. that's the way it is. the president has the microphone. and the president -- cane believe he wants to start the presidency out with a recession. i mean, this -- next term. so there -- i think there is a genuine identity of interest. i think at some point, maybe -- hopefully sooner rather than later, that it is later. they go in a room and sit down and they work off their framework they had would years ago and -- they reach an agreement. >> you know -- i would like -- >> basically simpson-bowles, i hope. >> i would like to think that's what happens. but -- you see where some of the starting points are here. it doesn't seem like it is -- any way reaching towards that sort of agreement. especial
everybody has their chair except mitt romney. plus you have a forcing mechani mechanism, the fiscal cliff. congress needs forcing mechanisms to act. plus, both with the president and speaker they have a reason to reach ain't agreement. political reason. the speaker it is because he knows republicans will take the hit if we go over the cliff. that's the way it is. the president has the microphone. and the president -- cane believe he wants to start the presidency out with a recession. i mean,...
159
159
Dec 7, 2012
12/12
by
WMAR
tv
eye 159
favorite 0
quote 0
tally put the cost at $2 billion which includes $86 million raised by mitt romney. a computer glitch delayed, president obama's final number, "the washington post" reports. the spokesman says that the president raised $1.1 billion. >> think what else the money could have gone toward in the tight times. >>> despite loud objections, republicans in michigan managed to push right to work measures through the legislature. hundred of union supporters protested. some who tried storming the senate chamber, were pepper sprayed. the legislation bans unions from requiring nonunion employees to pay fees. supporters say the move will add jobs, opponents though say it weakens unions, and harms workers. >>> and speak of labor issue, it ain't looking good for a dl ealo end the nhl lockout. the players union chief held two news conferences last night first to say there was progress in major issue. in the second, hejected everyth union offered. there is no drop dead date to start the season. but time clearly seems to be running short. fiscal cliff, no hockey. what is wrong? come on,
tally put the cost at $2 billion which includes $86 million raised by mitt romney. a computer glitch delayed, president obama's final number, "the washington post" reports. the spokesman says that the president raised $1.1 billion. >> think what else the money could have gone toward in the tight times. >>> despite loud objections, republicans in michigan managed to push right to work measures through the legislature. hundred of union supporters protested. some who tried...
107
107
tv
eye 107
favorite 0
quote 0
i believe that if governor romney talk about fiscal issues with real solutions and not had the social issues cloud the tenets of the campaign would of been very different and it is not always allow corley favorable but we are $16 trillion in debt and need real reform or for our country goes bankrupt. >> i agree with you on the dependency picture because the objective of the democrats over many decades certainly the current democratic party is to expand government as far as fast as possible, the object of of that is to expand dependency on government as fast as possible and the ultimate objective of that is to create permanent democrat voting majority. if they can get to the kids and lock them into dependency early then they have got them for life. >> absolutely. the college student loans. they're trying to make it easier and expansion and kids don't understand that their money has to come from somewhere. as one of my friends but i got my free obama money to go to school. it makes me sick because they don't understand it somebody has to pay for. kids overwhelmingly support free contrac
i believe that if governor romney talk about fiscal issues with real solutions and not had the social issues cloud the tenets of the campaign would of been very different and it is not always allow corley favorable but we are $16 trillion in debt and need real reform or for our country goes bankrupt. >> i agree with you on the dependency picture because the objective of the democrats over many decades certainly the current democratic party is to expand government as far as fast as...
175
175
tv
eye 175
favorite 0
quote 0
>> first of all, if you remember well, stuart, mitt romney and the republicans beat up on president obama for the last three years for cutting medicare at $716 billion. he has already showed he is willing to take a big bite out of a major entitlement program. stuart: hold on a second. i do remember it. that is not reform. that is not reforming the structure of entitlement programs. that is the issue. >> i think the focus has been on medicare. the attention now needs to be on medicare inside the aca. there were large structural reforms in the way healthcare was playing out. in fact, last year, we had a slower rate of growth and health care spending that we have had in quite a time. whether president has proposed is part of the current negotiations is another $300 billion cut in medicare. stuart: that is a cut. you do understand, that what we really -- >> stuart, that just is not true. we have not seen them play out. certainly, we will have to be coming back every year. usually, through a committee process where people vote at the end of the day. the republicans decided to take another cour
>> first of all, if you remember well, stuart, mitt romney and the republicans beat up on president obama for the last three years for cutting medicare at $716 billion. he has already showed he is willing to take a big bite out of a major entitlement program. stuart: hold on a second. i do remember it. that is not reform. that is not reforming the structure of entitlement programs. that is the issue. >> i think the focus has been on medicare. the attention now needs to be on...
138
138
Nov 29, 2012
11/12
by
CSPAN
tv
eye 138
favorite 0
quote 0
speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restraint and global warming, it's high time that we start this conversation in earnest. how big do you want your fema to be? how generous your disaster relief payments and how much do you want to pay for it? in today's "new york times" op-ed section, there's an article that points out potential liability for flood insurance alone is $1.25 trillion. second only to the liability for social security. right now we have arguably the worst of both worlds. the federal government responds to disaster usually paying too much for the wrong people to do the wrong things. we provide federal money to put people back in harm's way and sometimes provide infrastructure to make future risky development worse. we often take remedial action, like for theifying beaches, a temporary solution, that can actually accelerate erosion elsewhere, shift storm damage down the coast t
speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restraint and global warming, it's high time that we start this conversation in earnest. how big do you want your fema to be? how generous your disaster relief payments and how much do you want to pay for it? in today's "new york times" op-ed section,...
150
150
Dec 7, 2012
12/12
by
CSPAN
tv
eye 150
favorite 0
quote 0
mitt romney was right. c-span, i want to know what party affiliation, and who they voted for, that are on unemployment right now. thank you. host: thank you. we could get that information as well. bob, mich. on the independent line. good morning to you. bob are you there? i think we lost bob this morning. i want to talk with this issue of age discrimination and who is on unemployment insurance. here is an article from "the baltimore sun." 93,000 young adults in maryland are unemployed. what ages are on unemployment insurance at this point? guest: historical you tend to see younger workers with less experience on unemployment, because of this recession we see a much wider spread. more people with college degrees, older people taking on income and benefits of some kind, but the challenges once you get past the six-month blocked, the longer you are on unemployment without a job, the harder it is to find a job. if you have a college degree, and you really need to get a job, to some degree you can move down the
mitt romney was right. c-span, i want to know what party affiliation, and who they voted for, that are on unemployment right now. thank you. host: thank you. we could get that information as well. bob, mich. on the independent line. good morning to you. bob are you there? i think we lost bob this morning. i want to talk with this issue of age discrimination and who is on unemployment insurance. here is an article from "the baltimore sun." 93,000 young adults in maryland are...
152
152
Dec 3, 2012
12/12
by
CNBC
tv
eye 152
favorite 0
quote 0
mitt romney's tax rate. those come up in that argument. listen, it may be certainly they wanted to do it before the end of the year. this having been a leverage buyout, they like to keep their leverage ratio pretty high. 4.5 times. then they generate cash flow and pay it down and go to capital markets and borrow another billion dollars and they pay two more dollars to their holders who continue to be some of the lbo firms that took it private. >> that's a game plan that works. >> it has worked well. >> rates are so low. why doesn't everybody do that? >> works well. as a former fully owned by private equity they are more comfortable with leverage than others are. >> a level of comfort that i find to be -- they are insensitive to the economy and they're a winner in obama care. 2014 begins and i'm picking numbers up. hca. even with this leverage. raising numbers, hca, 2014. i'm doing that right now. cramer firm is taking up numbers. >> you did it in your head. >> i did. i'm going to ask the sales force to go out with it and i think he can get
mitt romney's tax rate. those come up in that argument. listen, it may be certainly they wanted to do it before the end of the year. this having been a leverage buyout, they like to keep their leverage ratio pretty high. 4.5 times. then they generate cash flow and pay it down and go to capital markets and borrow another billion dollars and they pay two more dollars to their holders who continue to be some of the lbo firms that took it private. >> that's a game plan that works. >> it...
167
167
Dec 4, 2012
12/12
by
CSPAN
tv
eye 167
favorite 0
quote 0
romney and mr. ryan campaigned against the president on, paul ryan's budget included the same reductions and it's likely they will be in his budget that's coming forward. let's act on things that we agree. let's rebuild and renew america and find ways to save the money and puts on a path to fiscal responsibility that the american public needs and demands. the speaker pro tempore: the chair recognizes the gentleman from oklahoma, mr. lankford, for five minutes. mr. lankford: in a few days we're going to have to resolve the fiscal cliff. eye roncally enough, something the house of representatives passed last may. in april set out a tax plan. in may passed a sequestration plan, went to the senate and said we're going to see you in the lame duck time period. we're in the lame duck and this had has to be solved. we have to solve the problem. the first thing is to define what the problem even is. it seems one group is talking about the real problems, the fiscal cliff, and the other group is talking about
romney and mr. ryan campaigned against the president on, paul ryan's budget included the same reductions and it's likely they will be in his budget that's coming forward. let's act on things that we agree. let's rebuild and renew america and find ways to save the money and puts on a path to fiscal responsibility that the american public needs and demands. the speaker pro tempore: the chair recognizes the gentleman from oklahoma, mr. lankford, for five minutes. mr. lankford: in a few days we're...
243
243
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 243
favorite 0
quote 0
romney is gone. he's still in the background. we have mcconnell and boehner. who is the quarterback, mr. president? who is the quarterback? >> richard haass, a quizzical look on your face. >> normally when you play fab, you don't decide the other team's quarterback. >> right. >> that's usually for the coach to decide. so why is harry reid worried who is the quarterback on the other team? why is he even using this metaphor? is. >> why has he been running? >> this is why it's a good development. >> yeah. >> by the way, another interesting development with the leadership yesterday was mitch mcconnell tried to make a move to separate out the debt negotiation, the debt ceiling, he thought he had a power play to have them separate out the vote and embarrass democrats. they pulled together 51 votes and then he had to back off. >> he had to filibuster -- >> filibuster his own bill. >> isn't it a fascinating change, mark mckinnon. back when we were younger like ten years ago. it used to be the senate that was the chamber where members were more respectful of each other
romney is gone. he's still in the background. we have mcconnell and boehner. who is the quarterback, mr. president? who is the quarterback? >> richard haass, a quizzical look on your face. >> normally when you play fab, you don't decide the other team's quarterback. >> right. >> that's usually for the coach to decide. so why is harry reid worried who is the quarterback on the other team? why is he even using this metaphor? is. >> why has he been running? >>...
130
130
tv
eye 130
favorite 0
quote 0
trillion deal over ten years would do more for job growth, quite honestly, for then anything governor romney or president obama talked about during the campaign. connell: you are really the leader of this. the gang of six and morphed into a bigger group. do you feel as involved now or are you somehow kind of saying to yourself, boy, i do not have a say at all anymore. >> is it that obvious on my face? it is pretty darn frustrating. i have spent two and a half years. there is a large overwhelming majority ready to do their part. i have been in a lot of negotiations over my business career. too many cooks in the kitchen making this. i can tell you this much, there is an awful lot of us who are willing to vote and give ideas to an idea that is big and broad. connell: revenue. we heard from the speaker a moment ago. it did not sound very encouraging. on revenue, you guys were where, just in terms of numbers on revenue? >> well, connell, here is where you listen with eyes glazed over, you assume that the top rates would go up and we would be able to do tax reform to come back down. we started wit
trillion deal over ten years would do more for job growth, quite honestly, for then anything governor romney or president obama talked about during the campaign. connell: you are really the leader of this. the gang of six and morphed into a bigger group. do you feel as involved now or are you somehow kind of saying to yourself, boy, i do not have a say at all anymore. >> is it that obvious on my face? it is pretty darn frustrating. i have spent two and a half years. there is a large...
61
61
Dec 4, 2012
12/12
by
CSPAN2
tv
eye 61
favorite 0
quote 0
mitt romney was a classic example gave away millions and millions of dollars. >> host: what are the objections that benefit the upper income like special low rates for capital gains, dividends, other things that particularly benefit wealthier income? >> guest: the capital gains and dividends break is a classic greek that benefits the very wealthy. if they receive more than 90% of the benefit, certainly people in the middle-class get a little benefit from that break, but overwhelmingly the majority of that goes to the wealthy. >> host: political has history with this tax loopholes alone can't solve the fiscal cliff, even if you dump in the vaguest tax loopholes, they don't come close to closing the deficit. at best the top 10: $834 million a year. john mckinnon, how significant are deductions when we look at their role in the big picture of solving the so-called fiscal cliff? >> guest: they can be really important. the goal is not to get rid of the budget deficit. i don't think anyone who's involved in this process has a realistic hope of getting rid of the budget deficit. that they would love
mitt romney was a classic example gave away millions and millions of dollars. >> host: what are the objections that benefit the upper income like special low rates for capital gains, dividends, other things that particularly benefit wealthier income? >> guest: the capital gains and dividends break is a classic greek that benefits the very wealthy. if they receive more than 90% of the benefit, certainly people in the middle-class get a little benefit from that break, but...
221
221
Nov 29, 2012
11/12
by
CNBC
tv
eye 221
favorite 0
quote 0
the president meeting with mitt romney, although no press on that one. and we will also get some housing data coming up in about hal half an hour's time. the exchange is playing muse six in honor of this bank, which is being called america's most exciting bank. >> that's what they call themselves. and maybe that's why they have this music, because it's actually quite loud. >> let's see if they start dancing the executives. >> the race is on to see which bank is the most exciting in this country. >> a new trend here. >> in the meantime, here's the opening bell for a thursday morning. again brook shire -- nasdaq to the nyc and over at the daz damage, fran drescher, star of the sitcom, a great comedian. still responding to the news in the world of social media, whether it's living social and some reported layoffs or what andrew mason said about his tenure at groupon. >> to fire himself, he's not ready to fire himself. >> that was the first step i thought on the right path. i mean he just needs to go one step further, a la mark zuckerberg and go on a confere
the president meeting with mitt romney, although no press on that one. and we will also get some housing data coming up in about hal half an hour's time. the exchange is playing muse six in honor of this bank, which is being called america's most exciting bank. >> that's what they call themselves. and maybe that's why they have this music, because it's actually quite loud. >> let's see if they start dancing the executives. >> the race is on to see which bank is the most...
117
117
tv
eye 117
favorite 0
quote 0
. >> ed connor this year, worked with mitt romney, on with us, author of "unintended consequences," and you say if you're going to raise taxes, you have to get something back which is what? >> make any tax increase, rolling back bush tax cuts, for example, conditional upon reaching agreement that stop the debt growing as a percent of gdp. they can't reach the agreement by the end of the year so as a part of this, agree to retroactively roll back bush tax cuts if they reach agreements. >> the democrats thought they did enough deficit cutting. >> not even close. >> right. >> 0%, you need $900 billion of tax increases or spending cuts to stop debt growing as a percent of gdp. on the $900 billion you need, you need more than that. the president, who wants to support his spending, needs enormous tax increases, and public opinion says he can blame tax increases on republicans if he's over the cliff so his threat to go over the cliff, i think, is very credible, and i think the republicans are in a very procare yows negotiating position because if they are blamed for this, they'll loss the hous
. >> ed connor this year, worked with mitt romney, on with us, author of "unintended consequences," and you say if you're going to raise taxes, you have to get something back which is what? >> make any tax increase, rolling back bush tax cuts, for example, conditional upon reaching agreement that stop the debt growing as a percent of gdp. they can't reach the agreement by the end of the year so as a part of this, agree to retroactively roll back bush tax cuts if they reach...
167
167
Dec 6, 2012
12/12
by
CNBC
tv
eye 167
favorite 0
quote 0
but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess of this stuff. >> the government says that the -- 6.6% of current u.s. consumption. >> why would prices move that dramatically at all? wouldn't they just come down globally? >> the average, our $16 goes to $4. it costs $7 to get stuff from the united states. >> you should argue that they should go down because they went be the only one. dominion has brooif cove, that's the one that's most ready to go. the gorgon numbers, this is the gigantic l & e experts. it's not going to cost $60 billion. these plants cost a fortune, they put a lot of people to work. i think that this is the op
but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess...
91
91
Dec 7, 2012
12/12
by
CSPAN2
tv
eye 91
favorite 0
quote 0
mitt romney being one of them. he paid the taxes -- he thought it was fine to pay 50%. i don't know about you but i didn't think it was so great. if you get a check come you get a salary, i think it's an issue spent the other side of the ledger, they've never released a napkin, but all indications were that last summer the president speaker boehner were having a secret negotiations about the budget. at the white house was willing to consider raising the eligibility age on medicare, and changing the way cost-of-living adjustments in social security. those two ideas, as you said was that an election, should those two ideas still be on the table now that the president and speaker are entering to go? >> when it comes to medicare and medicaid and social security, and many of us have dealt with it, it's not part of the budget discussions specifically so it doesn't have to be done right now and it's not as much risk, we can deal with and wished. but but when it comes to medicare and medicaid and health care generally, i think that we start on medicare, making sure we're commit
mitt romney being one of them. he paid the taxes -- he thought it was fine to pay 50%. i don't know about you but i didn't think it was so great. if you get a check come you get a salary, i think it's an issue spent the other side of the ledger, they've never released a napkin, but all indications were that last summer the president speaker boehner were having a secret negotiations about the budget. at the white house was willing to consider raising the eligibility age on medicare, and changing...
209
209
Nov 30, 2012
11/12
by
KGO
tv
eye 209
favorite 0
quote 0
president obama stayed out of the fiscal cliff discussions and sat down for lunch with former rival mitt romney. >> i am sure they will or have already compared experiences on the campaign trail. >> today president obama hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some sort of deal to avoid the fiscal cliff? i mean that would be so unpopular across the nation. >> you would -- if you can take an action that would solve the problem for 98% of the country and then come back to the debate about the wealthiest 2%, let's get that first chunk done. republicans fear they could lose leverage if they cave in on the middle-class issue. apparently the president, his team has made increased demand here including, a provision now, part of the negotiations where, the congressional control over the debt limit would go away. and congress does not like to have its power take any way. so maybe the white house
president obama stayed out of the fiscal cliff discussions and sat down for lunch with former rival mitt romney. >> i am sure they will or have already compared experiences on the campaign trail. >> today president obama hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some...
125
125
Dec 7, 2012
12/12
by
CSPAN
tv
eye 125
favorite 0
quote 0
mitt romney is one of them. is that fair? he thought it was fine to pay 13%. i did not think it was so great. if you get a check, and you are paying more, it is an issue. >> they never released a napkin where they scribbled the ideas, all indications for in summer 2011 that the white house was willing to consider raising the eligibility age on medicare and changing the way cost of living adjustments were calculated. should those ideas still be on the table now that the president and speaker are in a room together? >> when it comes to medicare, medicaid, and social security, many of us think social security should be dealt with but it is not specifically part of the discussion. it is not in as much risk. when it comes to medicare and medicaid and health care spending, we start on medicare in making sure that we are committed to to medicare. it is a promise we have made to seniors, current and future, even 54-year-old's and 44-year- old's. it is something we start with that promise to keep it universal and to keep benefits. once we decide that we will not ship c
mitt romney is one of them. is that fair? he thought it was fine to pay 13%. i did not think it was so great. if you get a check, and you are paying more, it is an issue. >> they never released a napkin where they scribbled the ideas, all indications for in summer 2011 that the white house was willing to consider raising the eligibility age on medicare and changing the way cost of living adjustments were calculated. should those ideas still be on the table now that the president and...
138
138
Dec 4, 2012
12/12
by
CSPAN
tv
eye 138
favorite 0
quote 0
mitt romney gave away millions and millions of dollars. host: things like capital gains dividends and other things that benefit wealthier in comes? guest: the caplet gains and dividends is the classic break that benefits the wealthy. they think it is correct if they receive more than 90% of the benefit. people and the middle class get a little benefit from that break. the majority of the break goes to the wealthy. host: there is a recent story from politico. host: how significant of these deductions? guest: they can be important. the goal is to not get rid of the budget deficit. lots of people do not want to get rid of the budget deficit. they want to get it down to a manageable level. opinions differ. you can make a big dent through closing or reducing the loopholes. host: do you expect them to play a role? could they end up on the chopping block? guest: republicans have put them on the table. i think you probably will see some of both. this is a process that will go on for the better part of the next year. during that process, you will s
mitt romney gave away millions and millions of dollars. host: things like capital gains dividends and other things that benefit wealthier in comes? guest: the caplet gains and dividends is the classic break that benefits the wealthy. they think it is correct if they receive more than 90% of the benefit. people and the middle class get a little benefit from that break. the majority of the break goes to the wealthy. host: there is a recent story from politico. host: how significant of these...